7537 S Phillips Avenue Chicago, IL $ 399,900
7537 S Phillips Avenue
$ 399,900
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7537 S Phillips Avenue

Chicago, IL, 60649
$ 399,900
Bedrooms9 Baths6.0 Sq 3,900

Monthly Estimate*

$ 2,525

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Multi-Family Home for sale in Chicago, IL

for $399,900 with 9 bedrooms and 6 full baths. This 3,900 square foot home was built in 1923.

Exceptional investment opportunity in Chicago's desirable South Shore neighborhood! This jumbo 3-flat features spacious, move-in-ready units with similar layouts, each offering 3 bedrooms, 2 full baths - including a primary suite with private ensuite bath - hardwood floors, formal dining room, and a bright living room with classic bay window. A defined foyer entry, walk-in pantry space, and generous room sizes throughout add to the appeal. Ideally located near Lake Michigan, Rainbow Beach, South Shore Cultural Center, Jackson Park, and neighborhood parks, offering easy access to recreation and outdoor amenities. Close to shopping, dining, schools, and public transportation - including CTA bus routes and Metra Electric - for a quick commute to Hyde Park, the University of Chicago, and Downtown Chicago. Whether you're expanding your portfolio or planning to owner-occupy while collecting rental income from the remaining units, this well-maintained multi-unit building offers strong long-term potential in one of Chicago's historic lakefront communities. Don't miss this rare opportunity in a location that continues to attract both residents and investors.

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Multi-Family Active

Price

$ 399,900

Bedrooms

9

Full Bath

6

Property Type

Multi-Family

Taxes

$ 4,234

Style

Year Built

1923

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12673942

Features
General
Sewer Public Sewer
Heating Natural Gas Radiator(s)
Possession Closing
Roof Flat
Zoning MULTI
Garage Spaces 3
Construction Materials Brick
Year Built 1923
Township Hyde Park
Tax Year 2023
Ownership Fee Simple
Gross Income 4500
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 18
Status New
Directions east/west on 75th St to Phillips south to property.
High School South Shore Community Academy Se
City Chicago
High School District 299
MLS Area CHI - South Shore
Elementary School Bradwell Comm Arts & Sci Element
Tax Annual Amount 4234.89
Middle/Junior High School Bradwell Comm Arts & Sci Element
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full
Total Bedrooms 9
Total Baths 6
Bedrooms Possible 9
Full Baths Building 6
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Tandem Yes Garage Owned Detached Garage
Water Source Public
Total Parking 3
Foundation Details Concrete Perimeter
Lot Dimensions 30 X 124
Waterfront Y/N N
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* Excluded Features
List By
Keller Williams Premiere Properties

Broker

sergio.realtor.84@gmail.com;sergio@sergiowillsellit.com

Email

Affordability Calculator

$2,878
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,525
Monthly Property Taxes
$353
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5405181 Elementary School
5405181 Middle School
South Shore Community Academy Se High School High School
Pricing History
DatePricePrice ChangeDescription
7/20/2026$399,900 Listed Price

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7537 S Phillips Avenue, Chicago, IL, 60649 is a Multi-Family Home for sale at $399,900 with 3,900 sqft. 7537 S Phillips Avenue has 9 bedrooms, 6.0 baths, and was built in 1923. The property's zip code is 60649 which is in Chicago, IL